Question 1

What are First Community Mortgage, Inc.'s average closing costs?

Accepted Answer

Based on 12,802 homebuyer-submitted Closing Disclosures, First Community Mortgage, Inc.'s median total closing costs are $6,355. This is about 97% above the $3,221 national peer median for comparable lenders. Actual costs vary by loan type, loan amount, property state, and individual borrower profile. This data is informational only and not financial advice.

Question 2

Does First Community Mortgage, Inc. charge junk fees?

Accepted Answer

None of the 12,802 Closing Disclosures we've analyzed for First Community Mortgage, Inc. included fees flagged as potentially excessive — a strong sign. That said, every loan is different. Fair Closing Check can review your specific disclosure to confirm there are no hidden charges on your loan.

Question 3

How do First Community Mortgage, Inc.'s fees compare to other lenders?

Accepted Answer

First Community Mortgage, Inc. currently holds a grade of A on Fair Closing Check, placing them well below the national average — one of the most competitive lenders in our database. Their median closing costs of $6,355 are about 97% above the $3,221 national peer median. Grades are based on real homebuyer-submitted Closing Disclosures and scale from A (well below average) to F (significantly above average). This is informational only; individual loans vary by state, loan type, and borrower circumstances.

Question 4

Can I negotiate closing costs with First Community Mortgage, Inc.?

Accepted Answer

Yes — closing costs are almost always negotiable to some degree. Based on our data, First Community Mortgage, Inc.'s origination fee (avg $3,856) runs above the peer average of $1,695, making it worth challenging specifically. Lender-controlled fees like origination, processing, and underwriting charges can often be reduced or waived, especially if you have a strong credit profile or are comparing offers from multiple lenders. Third-party fees such as title insurance and settlement services can sometimes be shopped around for better rates — you are generally entitled to choose your own providers. Fair Closing Check analyzes your specific Closing Disclosure and identifies which fees to challenge and how much room there is to negotiate. This is informational only and not legal or financial advice.

Question 5

What fees on First Community Mortgage, Inc.'s Closing Disclosures run above peer averages?

Accepted Answer

Across homebuyer-submitted Closing Disclosures for First Community Mortgage, Inc., three fee categories tend to run above comparable lenders: origination fee (avg $3,856 vs $1,695 peer avg, +$2,161), lender credits (avg $1,485 vs $459 peer avg, +$1,026), and discount points (avg $3,143 vs $2,263 peer avg, +$880). These are the line items most worth scrutinizing or challenging on your own disclosure. "Junk fees" is industry shorthand for charges that are inflated beyond the peer norm or provide little discernible value — the CFPB recommends shopping title, settlement, and pest-inspection services independently when possible. This data is informational only and not financial advice.

Question 6

How much do First Community Mortgage, Inc.'s closing costs vary by state?

Accepted Answer

First Community Mortgage, Inc.'s closing costs vary significantly by state. Based on the 44 states in our database with at least 3 reports, median total closing costs range from $1,852 in Missouri to $22,627 in New York — a $20,774 spread. Variation reflects state-specific transfer taxes, title insurance regulation, attorney requirements, and recording-fee schedules rather than lender policy. See state-level data on this page to compare your own state. This is informational only and not financial advice.

Fee Category	This Lender (avg)	National Avg	Verdict
Origination Fee	$3,856	$1,695	🔺 High
discount_points	$3,143	$2,263	🔴 Above Avg
Title Insurance	$3,039	$3,103	🟡 Average
lender_credits	$1,485	$459	🔺 High
Underwriting Fee	$1,406	$1,429	🟡 Average
Appraisal	$1,018	$1,053	🟡 Average
Settlement/Closing Fee	$918	$954	🟡 Average
Processing Fee	$742	$775	🟡 Average
Title Search	$367	$379	🟡 Average
Recording Fee	$327	$339	🟡 Average
Rate Lock Fee	$306	$314	🟡 Average
Document Preparation	$163	$170	🟡 Average
Tax Service Fee	$122	$128	🟡 Average
Wire Transfer Fee	$64	$69	🟡 Average
Credit Report	$64	$68	🟡 Average
Courier/Delivery	$56	$58	🟡 Average
Flood Certification	$22	$23	🟡 Average

Fee Category	This Lender (avg)	National Avg	Verdict
Origination Fee	$3,856	$1,695	🔺 High
discount_points	$3,143	$2,263	🔴 Above Avg
Title Insurance	$3,039	$3,103	🟡 Average
lender_credits	$1,485	$459	🔺 High
Underwriting Fee	$1,406	$1,429	🟡 Average
Appraisal	$1,018	$1,053	🟡 Average
Settlement/Closing Fee	$918	$954	🟡 Average
Processing Fee	$742	$775	🟡 Average
Title Search	$367	$379	🟡 Average
Recording Fee	$327	$339	🟡 Average
Rate Lock Fee	$306	$314	🟡 Average
Document Preparation	$163	$170	🟡 Average
Tax Service Fee	$122	$128	🟡 Average
Wire Transfer Fee	$64	$69	🟡 Average
Credit Report	$64	$68	🟡 Average
Courier/Delivery	$56	$58	🟡 Average
Flood Certification	$22	$23	🟡 Average

First Community Mortgage, Inc.

First Community Mortgage, Inc. Closing Cost Breakdown

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